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Politics : Formerly About Applied Materials
AMAT 268.87+4.6%Jan 2 9:30 AM EST
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To: BWAC who wrote (59400)1/25/2002 1:50:30 PM
From: Sam Citron   of 70976
 
ensur[e] that you are almost always essentially in a hedged position to mitigate up or downside risk

No risk, no reward. If you are in the trade, it may be advantageous to mitigate all price volatility risk. But speculators and investors assume such risk voluntarily.
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